The stock market has hit all-time highs as the S&P 500 is up nearly 15% year-to-date. The partial government shutdown is taking a backseat to a more accommodative Federal Reserve now that it has relaunched its rate cutting campaign. What are investors supposed to do now? Perhaps investors need to look past the noise of the daily news flow and start planning for 2026 now that Q4 has begun.
Oggonomics scours the daily flow of Wall Street analyst research reports each morning in an effort to find new ideas and hidden gems that investors may have otherwise missed. This effort can be useful for short-term traders and longer-term investors alike.
Investors should always keep in mind that no single analyst report should ever be the sole basis to buy or sell a stock. That’s particularly the case if the latest analyst report has the most aggressive calls for implied upside versus other analysts. Also worth consideration is that analysts sometimes get their thesis wrong, and fundamentals can change in the blink of an eye.
Oggonomics has highlighted 10 key analyst upgrades and initiations with price targets that are much higher than the present share prices. Some of these calls are price/news reactions, but some of the calls are strategic as earnings season is just a week away.
All of the analyst ratings and price targets mentioned in this report are from each firm mentioned by name. Oggonomics does not maintain any formal ratings and price targets on any of the stocks in this report.
Here are the 10 top analyst calls calling for upside that were issued on Tuesday, October 7, 2025.
Advanced Micro Devices Inc. (NASDAQ: AMD) soared on its chip and processor pact with OpenAI. Multiple price target hikes (and one upgrade) have been seen so far as Wall Street is chasing the gains. After a 23.7% gain to $203.71, AMD was last seen up another 6% at $216.00 after the opening bell. Morgan Stanley maintained its Equal-Weight rating on AMD, but the firm hiked its target up to $$246 from $168. Citi maintained its Neutral rating but raised its price target to $215 from $180. Here are the positive ratings seen with much higher price targets:
- BofA Securities raised AMD to Buy from Neutral and raised its price objective to $250 from $200.
- Jefferies upgraded its rating to Buy from Hold and raised its price target to $300 from $170.
- Truist reiterated its Buy rating and raised its target to $273 from $213.
- Evercore ISI reiterated its Outperform rating and raised its price target to $240 from $188.
- UBS reiterated its Buy rating and raised its price target up to $265 from $210.
- Wells Fargo reiterated its Buy rating and raised its price target up to $275 from $185.
Alphabet Inc. (NASDAQ: GOOGL) was started with a Buy rating and was assigned a $285 price target (versus $250.43 prior close) at HSBC. Alphabet shares were actually down marginally by 0.5% at $248.00 in early trading on Tuesday, with a 52-week range of $140.53 to $256.00.
Gemini Space Station, Inc. (NASDAQ: GEMI) has pulled back sharply from its IPO strength. Its stock was lower by $005 at $25.24 on Tuesday as Citi issued only a Neutral rating with a $26 price target but also as some of the “Buy/Outperform” targets are not calling for a return to the post-IPO highs. Here is a list of firms issuing Buy/Outperform equivalent ratings on Tuesday:
- Needham & Co. (Buy) with a $42 price target;
- Cantor Fitzgerald (Overweight) with a $30 target;
- Evercore ISI (Outperform) with a $30 target;
- and Truist (Buy) with a $31 target.
Micron Technology, Inc. (NASDAQ: MU) has recently hit new highs, but Itau BBA has issued a new Outperform rating with a $249 price target on Tuesday morning. On Monday, Morgan Stanley raised Micron’s rating to Overweight from Equal-Weight and raised its target to $220 from $160. Micron was up over 1% at $194.00 shortly after the opening bell.
Netflix Inc. (NASDAQ: NFLX) may have had its shares of weakness after Elon Musk called for his followers to dump their Netflix subscriptions. The stock actually fell every day last week. Seaport Global raised its rating to Buy from Neutral on Tuesday and set a $1,385 price target. Itau BBA also started Netflix with a Buy rating and issued a $1,514 price target. Its stock was last seen up 1.7% at $1,184,00 on Tuesday shortly after the opening bell.
Rigetti Computing, Inc. (NASDAQ: RGTI) is one of the quantum computing hopefuls and it now has a $14 billion market cap despite only $8 million trailing 12-month revenues. Benchmark reiterated its Buy rating and hiked its price target to $50 from $20 on Tuesday. Rigetti Computing was trading up 2.4% at $42.70 shortly after the open, with a 52-week range of $0.73 to $44.79.
Evercore ISI initiated coverage on multiple electric utilities and power players. This is only a partial list due to much broader mixed coverage on the sector, but some of the key positive ratings were initiated as follows:
American Electric Power (NYSE: AEP) started as Outperform with a $133 target.
Bloom Energy Corporation (NYSE: BE) started as Outperform with a $100 target.
Duke Energy Corporation (NYSE: DUK) started as Outperform with a $143 target.
NextEra Energy (NYSE NEE) started as Outperform with a $92 target.
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Please note that analysts can get their thesis wrong just like investors. Analyst reports never come with assurances of gains, and no analyst report is ever issued with money-back guarantees if the stocks drop in price. Investing comes with risks, including potential losses. All investment decisions should be made with the advice and consultation of a financial advisor.
